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Wells Fargo ups VMware target on dividend

Published 07/10/2018, 11:32 AM
© Reuters.  Wells Fargo ups VMware target on dividend
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VMW
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  • Wells Fargo (NYSE:WFC) maintains a Market Perform rating on VMware (NYSE:VMW) and raises the price target by $20 to $155.
  • Firm is updating its model to reflect the one-time special dividend announced as part of Dell’s public return.
  • VMware shares are up 0.6% to $155.80.
  • Previously: Dell up 13.6% on tracking stock purchase (July 2)
  • Now read: Why Dell Technologies Is A Safer Bet Than VMware At This Time


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